{"data":{"id":"us-ct/conn.-gen.-stat.-45a-542m","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 45a-542m","heading":"Rental property.","body":"To the extent that a trustee accounts for receipts from rental property pursuant to this section, the trustee shall allocate to income an amount received as rent of real or personal property, including an amount received for cancellation or renewal of a lease. An amount received as a refundable deposit, including a security deposit or a deposit that is to be applied as rent for future periods, must be added to principal and held subject to the terms of the lease and is not available for distribution to a beneficiary until the trustee's contractual obligations have been satisfied with respect to that amount.","path":["TITLE 45a. PROBATE COURTS AND PROCEDURE","CHAPTER 802c*. TRUSTS","PART VIII. CONNECTICUT UNIFORM PRINCIPAL AND INCOME ACT"],"source_url":"https://www.cga.ct.gov/current/pub/chap_802c.htm#sec_45a-542m","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:15Z","sha256":"70d52c2020260aefa9d02a2cfffe5a3901f2fcc3812151d90d4453c5e2e96439","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-45a-542l","next":"us-ct/conn.-gen.-stat.-45a-542n"},"notice":"GroundRules: Original legal text. Not legal advice."}